Samsung Electronics moved back to a dual-leadership structure by appointing Roh Tae‑moon, officially named head of the Device eXperience (DX) division, as co-CEO, joining Jun Young‑hyun, head of the chip unit at the helm.

The return to co-CEOs follows a period of leadership change after co-CEO Han Jong-hee died in March, leaving Jun as the sole chief.

Roh will continue to lead its Mobile eXperience (MX) Business, while vice chair Jun will remain chief of the memory business, which is part of the Device Solutions (DS) division.

As part of its annual reshuffle, Yoon Jang-hyun, previously CEO of Samsung Venture Investment, takes over as CTO of the DX division and head of Samsung Research, while Park Hong-kun becomes head of the Samsung Advanced Institute of Technology.

Under Han’s leadership, the company’s chip division struggled to catch up with rival SK Hynix in the high bandwidth memory (HBM) segment, but rising chip prices and shortages have boosted its results.

In Q3, the company’s net profit jumped 20.8 per cent to KRW12.2 trillion ($8.3 billion), aided by a 79.5 per cent jump in operating profit of the DS division to KRW7 trillion.